Federal Incorporation vs. Ontario Incorporation

Please be advised that federal and Ontario corporations may sell their product and services to individual and business located in any province of Canada and overseas.

The following information should be taken into account, when you select a legal entity suitable for your business.

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Corporate Name


Name Protection

Directors





Officers

Shareholders

Recommended

Must be very unique to be accepted by the government

Name protected in Canada

Only individuals may be appointed. At least twenty-five per cent of the directors must be resident Canadians. However, if a corporation has less than four directors, at least one director must be a resident Canadian.

No Canadian residency is required

No Canadian residency is required

When you are planning to open permanent establishments, such as offices, stores, warehouses in more than one province or/and your business has international customers and suppliers.

Usually acceptable if no exact matches with existing names 

Name protected in Ontario

Only individuals may be appointed. At least twenty-five per cent of the directors must be resident Canadians. However, if a corporation has less than four directors, at least one director must be a resident Canadian.


No Canadian residency is required

No Canadian residency is required

When your offices, stores, warehouses are located in Ontario and you have no plans to open permanent establishments in other provinces, and have no international customers and suppliers.

Source: http://www.apintertrust.com